Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Up 598.8% in March

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,313 shares, an increase of 598.8% from the February 26th total of 331 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 47,523 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 47,523 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

Harbor Scientific Alpha High-Yield ETF Stock Down 0.2%

Shares of SIHY stock traded down $0.11 during trading hours on Tuesday, reaching $44.56. 10,884 shares of the company’s stock were exchanged, compared to its average volume of 33,419. Harbor Scientific Alpha High-Yield ETF has a fifty-two week low of $42.38 and a fifty-two week high of $46.69. The business has a fifty day moving average price of $45.53 and a 200-day moving average price of $45.84.

Harbor Scientific Alpha High-Yield ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2192 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

A number of hedge funds have recently bought and sold shares of the stock. Croban increased its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 23.5% during the 3rd quarter. Croban now owns 123,143 shares of the company’s stock worth $5,709,000 after purchasing an additional 23,417 shares during the period. BlueStem Wealth Partners LLC lifted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 8.3% in the third quarter. BlueStem Wealth Partners LLC now owns 361,190 shares of the company’s stock valued at $16,748,000 after buying an additional 27,649 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 45.8% in the second quarter. Osaic Holdings Inc. now owns 64,435 shares of the company’s stock valued at $2,971,000 after buying an additional 20,229 shares during the period. Beta Wealth Group Inc. acquired a new stake in Harbor Scientific Alpha High-Yield ETF during the third quarter worth about $1,944,000. Finally, Archford Capital Strategies LLC grew its position in Harbor Scientific Alpha High-Yield ETF by 306.0% during the third quarter. Archford Capital Strategies LLC now owns 129,370 shares of the company’s stock worth $5,999,000 after buying an additional 97,506 shares in the last quarter.

Harbor Scientific Alpha High-Yield ETF Company Profile

The Harbor Scientific Alpha High-Yield ETF (SIHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of high-yield, USD-denominated corporate bonds selected based on a proprietary scientific method. SIHY was launched on Sep 14, 2021 and is managed by Harbor.